How the EFL have reacted to new Sheffield Wednesday financial situation | OneFootball

League considers ‘all options’ as players and staff still await payment from May

Sheffield Wednesday’s financial crisis continues to deepen as the EFL have publicly acknowledged the club’s latest failure to pay wages on time.

It was revealed on Friday by BBC Radio Sheffield’s Rob Staton that May’s wage payments for players and staff had not been processed on time, echoing issues in March.

The club's inability to meet basic operational costs has raised serious questions about the sustainability of current ownership structures and the long-term viability of Wednesday's financial model.

The instability threatens to undermine any hopes of progress both on and off the pitch, leaving supporters increasingly concerned about their club's immediate future.

EFL break silence on Sheffield Wednesday financial crisis

In a statement released late on Monday afternoon via The Sheffield Star, the EFL said: “The situation is clearly concerning for all those directly affected. In respect of any action to be taken against the Club, the League is now considering all the options available in accordance with its Regulations.”

Owls players, coaches, and backroom staff remain unpaid or only partially paid for May, despite a club letter sent last week stating that “outstanding payments will be made in full during the course of this Monday”.

That deadline is now looming without clarity, and while Wednesday are not yet listed on the EFL’s official embargo register, pressure is mounting both inside and outside the club.

Three-window transfer embargo remains a looming threat for Sheffield Wednesday

This latest delay to Wednesday's payments follows similar issues in March, where unpaid wages were only resolved after weeks of uncertainty, and delayed payments to HMRC in 2024.

Under the EFL’s updated regulations, clubs that accumulate 30 days of wage or HMRC non-payment across a 12-month period can face automatic sanctions - including a three-window transfer embargo with no right to appeal.

Dejphon Chansiri has reportedly been attempting to raise funds via external sources in a bid to meet payroll.

However, with no official statement released by the club and silence continuing from its leadership, frustration among supporters is reaching boiling point.

The EFL’s rare public intervention signals growing concern from the governing body.

Without swift action from the club to settle outstanding debts, Wednesday could be plunged into formal sanctions that severely limit their ability to rebuild this summer - at a time when clarity and leadership are in desperately short supply.